MULLEN GROUP LTD (MTL.CA) Technical Analysis
TSX:MTL • CA6252841045
Current stock price
MTL.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to MTL. MTL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month MTL has a been trading in the 15.87 - 17.46 range, which is quite wide. It is currently trading near the lows of this range.
- MTL is one of the better performing stocks in the Ground Transportation industry, it outperforms 80% of 6 stocks in the same industry.
- MTL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MTL is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, MTL outperforms 64% of them, which is more or less in line with the market.
MTL.CA Weekly and Daily overview Charts
MTL.CA Setup Rating and Analysis
Although the technical rating is bad, MTL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.08, a Stop Loss order could be placed below this zone.
More info and screens
MTL.CA Support and Resistance Analysis
13.51
We found 6 important support areas.
- A support zone ranging from 16.07 to 16.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.74 from a horizontal line in the daily time frame.
- Support @15.34 from a trend line in the daily time frame.
- Support @14.41 from a trend line in the daily time frame.
- Support @14.11 from a horizontal line in the daily time frame.
- Support @13.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.44 to 17.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
MTL.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MTL.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTL.CA is down. |
| ChartMill Relative Strength | 64.8 | NEUTRAL | MTL.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.81 | NEUTRAL | The RSI value for MTL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MTL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.2 | NEUTRAL | The Stochastics value for MTL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MTL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.99 | POSITIVE | The high ADX value value for MTL.CA suggests a strong trend. |
MTL.CA Chart- and CandleStick Pattern Analysis
MTL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MTL (3/20/2026, 7:00:00 PM)
16.15
+0.08 (+0.5%)
MULLEN GROUP LTD / MTL.CA TA FAQ
What is the technical rating for MTL stock?
ChartMill assigns a technical rating of 3 / 10 to MTL.CA.
What is the trend direction for MTL stock?
The current trend direction for MULLEN GROUP LTD (MTL.CA) is Bullish.
Can you provide the RSI signal for MULLEN GROUP LTD?
MULLEN GROUP LTD (MTL.CA) has an RSI value of 40.8061. This indicates that the stock is currently neutral.
What is the buy/sell signal for MULLEN GROUP LTD (MTL.CA) stock?
The buy/sell signal for MULLEN GROUP LTD (MTL.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for MULLEN GROUP LTD (MTL.CA) stock?
MULLEN GROUP LTD (MTL.CA) has a support level at 16.08 and a resistance level at 17.44. Check the full technical report for our detailed analysis of MTL.CA support and resistance levels.